September 6 BTC/ETH market analysis
Market review and analysis
The overall market closed with a negative line yesterday, and it was a real negative line. BTC also broke through 56,000 points yesterday. Although the break was not much, it is good news for those of us who are falling from the technical point of view. It is equivalent to further opening up the space for decline. It is a definite opening of space. It is not the kind of thinking that the space below is large and the space above is small. Look at the market with the proportion of venture capital. ETH's real negative line yesterday did not close by a large margin. Yesterday's decline has not recovered the position of the 2,300-point line of the pin the day before yesterday. This kind of negative decline has rebounded slightly, which means that ETH's decline has not ended. The market outlook is very clear. The rebound is small, but there will be a rebound after the decline, and the rebound can be directly bearish.
Today's highlights
BTC market has repeatedly tested the 56,000-point line on the intraday level, and the intraday resistance level You can pay attention to the 56600-57300 range. If the four-hour level completely falls below the 56000 closing line, you can directly see the position near 54000, specifically the 53800-54500 range. The effective support position focuses on the two points of 52000-52600. At this position, just pay attention to the defense on the daily line.
ETH's intraday resistance position should focus on the 2410-2430 range first. The rebound strength will not be very large. On the intraday level, 2360 has been tested many times and has not been completely broken. Pay attention to the support position near 2320 on the intraday level. If it falls below this position on the four-hour level, you can pay attention to the 2260-2280 range. On the daily level, focus on the support position near the 2200 point line. This position is critical to whether you can see the beginning of 1 in the future.
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